HAYKAKAN ZHAMANAK: FLOATING CREDIT TO ARMENIA
Panorama.am
10/07/2012
Haykakan Zhamanak, citing its sources close to Russian government,
reports that Armenian authorities are holding unofficial talks with
Russian government over provision of large-scale credit to Armenia.
The negotiated sum may fluctuate from 800 million to one billion US
dollars. The Armenian side is ready to take the sum with a high and
fluctuating interest rate, i.e. the interest rate will depend on the
situation in the international market.
The sources also say that the Armenian side seeks to get at least
part of the credit by the end of the year, due to the forthcoming
presidential elections in 2013.
From: Baghdasarian
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